Hyundai-LG joint battery plant breaks ground in Indonesia

hyundai lg joint battery plant breaks ground in indonesia

Sumary of Hyundai-LG joint battery plant breaks ground in Indonesia:

  • Hyundai Motor Group on Wednesday broke ground on a 10 gigawatt-hour battery cell production plant in Indonesia in cooperation with LG Energy Solution, joining the global race to secure battery cells for the future.
  • Battery cells produced in Karawang will be used in Hyundai Motor and Kia’s EV models built upon Hyundai Motor Group’s dedicated EV platform, E-GMP.
  • Furthermore, we expect Indonesia to play a key role in the ASEAN EV market,” Hyundai Motor Group Chairman Chung Euisun said.
  • Joining from Seoul via virtual link were Hyundai Motor chief Chung, LG Energy Solution CEO Kim Jong-hyun and Hyundai Mobis CEO Cho Sung-hwan.
  • The Hyundai Motor-LGES tie-up comes as global carmakers rush to set up joint ventures with battery makers to secure a stable supply of battery cells, without which no EV models can run.

Want to know more click here go to source.

From -

Generic selectors
Exact matches only
Search in title
Search in content

Site Language

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.